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Morris H. DeGroot
Morris Herman DeGroot (June 8, 1931 – November 2, 1989) was an American statistician. Biography Born in Scranton, Pennsylvania, DeGroot graduated from Roosevelt University and earned master's and doctor's degrees from the University of Chicago. DeGroot joined Carnegie Mellon in 1957 and became a University Professor, the school's highest faculty position. He was the founding editor of the review journal ''Statistical Science''. Academic works He wrote six books, edited four volumes and authored over one hundred papers. Most of his research was on the theory of rational decision-making under uncertainty. His ''Optimal Statistical Decisions'', published in 1970, is still recognized as one of the great books in the field. His courses on statistical decision theory taught at Carnegie-Mellon influenced Edward C. Prescott and Robert Lucas, Jr., influential figures in the development of new classical macroeconomics and real business-cycle theory. DeGroot's undergraduate text, ''Pro ...
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Scranton, Pennsylvania
Scranton is a city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, United States, and the county seat of Lackawanna County, Pennsylvania, Lackawanna County. With a population of 76,328 as of the 2020 United States census, 2020 U.S. census, Scranton is the largest city in Northeastern Pennsylvania, the Wyoming Valley, and the Scranton–Wilkes-Barre–Hazleton Metropolitan Statistical Area, which has a population of 562,037 as of 2020. It is List of cities and boroughs in Pennsylvania by population, the sixth largest city in Pennsylvania. The contiguous network of five cities and more than 40 boroughs all built in a straight line in Northeastern Pennsylvania's urban area act culturally and logistically as one continuous city, so while the city of Scranton itself is a smaller town, the larger unofficial city of Scranton/Wilkes-Barre contains nearly half a million residents in roughly 200 square miles. Scranton/Wilkes-Barre is the cultural and economic center of a re ...
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Edward C
Edward is an English given name. It is derived from the Anglo-Saxon name ''Ēadweard'', composed of the elements '' ēad'' "wealth, fortune; prosperous" and '' weard'' "guardian, protector”. History The name Edward was very popular in Anglo-Saxon England, but the rule of the Norman and Plantagenet dynasties had effectively ended its use amongst the upper classes. The popularity of the name was revived when Henry III named his firstborn son, the future Edward I, as part of his efforts to promote a cult around Edward the Confessor, for whom Henry had a deep admiration. Variant forms The name has been adopted in the Iberian peninsula since the 15th century, due to Edward, King of Portugal, whose mother was English. The Spanish/Portuguese forms of the name are Eduardo and Duarte. Other variant forms include French Édouard, Italian Edoardo and Odoardo, German, Dutch, Czech and Romanian Eduard and Scandinavian Edvard. Short forms include Ed, Eddy, Eddie, Ted, Teddy and Ned. ...
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Econometricians
Econometrics is the application of statistical methods to economic data in order to give empirical content to economic relationships.M. Hashem Pesaran (1987). "Econometrics," '' The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 p. 8–22 Reprinted in J. Eatwell ''et al.'', eds. (1990). ''Econometrics: The New Palgrave''p. 1p. 1–34Abstract ( 2008 revision by J. Geweke, J. Horowitz, and H. P. Pesaran). More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference". An introductory economics textbook describes econometrics as allowing economists "to sift through mountains of data to extract simple relationships". Jan Tinbergen is one of the two founding fathers of econometrics. The other, Ragnar Frisch, also coined the term in the sense in which it is used today. A basic tool for econometrics is the multiple linear regression model. ''Econometric t ...
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Fellows Of The American Association For The Advancement Of Science
Fellowship of the American Association for the Advancement of Science (FAAAS) is an honor accorded by the American Association for the Advancement of Science (AAAS) to distinguished persons who are members of the Association. Fellows are elected annually by the AAAS Council for "efforts on behalf of the advancement of science or its applications hichare scientifically or socially distinguished". Examples of areas in which nominees may have made significant contributions are research; teaching; technology; services to professional societies; administration in academe, industry, and government; and communicating and interpreting science to the public. The association has awarded fellowships since 1874. AAAS publishes annual update of active Fellows list, which also provides email address to verify status of non-active Fellows. See also :Fellows of the American Association for the Advancement of Science for more examples. AAAS Fellows AAAS Fellows include Nobel Prize winners ...
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Fellows Of The Econometric Society
In the scientific discipline of economics, the Econometric Society is a learned society devoted to the advancement of economics by using mathematical and statistical methods. This article is a list of its (current and in memory) fellows. Fellows 1933 * Luigi Amoroso * Oskar N. Anderson * Albert Aupetit * * A. L. Bowley * Clément Colson * Gustavo Del Vecchio * François Divisia * Griffith C. Evans * Irving Fisher * Ragnar Frisch * Corrado Gini * Gottfried Haberler * Harold Hotelling * John M. Keynes * N. D. Kondratiev * Wesley C. Mitchell * H. L. Moore * Umberto Ricci * Charles F. Roos * M. Jacques Rueff * * Henry Schultz * Joseph A. Schumpeter * J. Tinbergen * Felice Vinci * Edwin B. Wilson * * F. Zeuthen 1935 * R. G. D. Allen * Costantino Bresciani Turroni * Mordecai Ezekiel * J. Marschak 1937 * Alfred Cowles 3rd * J. R. Hicks * Giorgio Mortara * René Roy * Hans Staehle 1939 * Oskar Lange * Wassily Leontief * Josiah Charles Stamp * Theodor ...
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American Statisticians
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * B ...
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Fellows Of The American Statistical Association
Fellows may refer to Fellow, in plural form. Fellows or Fellowes may also refer to: Places * Fellows, California, USA * Fellows, Wisconsin, ghost town, USA Other uses * Fellows Auctioneers, established in 1876. *Fellowes, Inc., manufacturer of workspace products *Fellows, a partner in the firm of English canal carriers, Fellows Morton & Clayton * Fellows (surname) See also *North Fellows Historic District, listed on the National Register of Historic Places in Wapello County, Iowa *Justice Fellows (other) Justice Fellows may refer to: * Grant Fellows (1865–1929), associate justice of the Michigan Supreme Court * Raymond Fellows (1885–1957), associate justice of the Maine Supreme Judicial Court {{disambiguation, tndis ...
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Becker–DeGroot–Marschak Method
The Becker–DeGroot–Marschak method (BDM), named after Gordon M. Becker, Morris H. DeGroot and Jacob Marschak for the 1964 ''Behavioral Science'' paper, "Measuring Utility by a Single-Response Sequential Method" is an incentive-compatible procedure used in experimental economics to measure willingness to pay (WTP). Today there are several variations of the BDM methodology. In one common way, the subject formulates a bid. The bid is compared to a price determined by a random number generator. If the subject's bid is greater than the price, they pay the price and receives the item being auctioned. If the subject's bid is lower than the price, they pay nothing and receive nothing. In another common method, the subject is presented with a series of sequentially increasing or random-order monetary amounts. They must decide if they would prefer to have that amount of money or the item at hand. Then, one of these numbers is chosen either specifically by the experimenter or is random ...
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International Society For Bayesian Analysis
The International Society for Bayesian Analysis (ISBA) is a society with the goal of promoting Bayesian analysis for solving problems in the sciences and government. It was formally incorporated as a not for profit corporation by economist Arnold Zellner and statisticians Gordon M. Kaufman and Thomas H. Leonard on 10 November 1992. It publishes the electronic journal ''Bayesian Analysis'' and organizes world meetings every other year. ISBA is an "official partner" of the Joint Statistical Meetings. List of presidents The president of ISBA is elected annually. Service typically lasts three years, since the offices of President Elect and Past President are also official positions. * 1992–1996 Arnold Zellner (founding co-president) * 1992–1996 Jose Bernardo (founding co-president) * 1996–1997 Stephen Fienberg * 1998 Susie Bayarri * 1999 John Geweke * 2000 Philip Dawid * 2001 Alicia Carriquiry * 2002 David Draper * 2003 Edward George * 2004 Jim Berger * 2005 Sylvia ...
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Econometric Society
The Econometric Society is an international society of academic economists interested in applying statistical tools to their field. It is an independent organization with no connections to societies of professional mathematicians or statisticians. It was founded on December 29, 1930, at the Statler Hotel in Cleveland, Ohio. Its first president was Irving Fisher. As of 2014, there are about 700 Elected Fellows of the Econometric Society, making it one of the most prevalent research affiliations. New fellows are elected each year by the current fellows. The sixteen founding members were Ragnar Frisch, Charles F. Roos, Joseph A. Schumpeter, Harold Hotelling, Henry Schultz, Karl Menger, Edwin B. Wilson, Frederick C. Mills, William F. Ogburn, J. Harvey Rogers, Malcolm C. Rorty, Carl Snyder, Walter A. Shewhart, Øystein Ore, Ingvar Wedervang and Norbert Wiener. The first president was Irving Fisher. The Econometric Society sponsors the Economics academic journal ''Economet ...
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International Statistical Institute
The International Statistical Institute (ISI) is a professional association of statisticians. It was founded in 1885, although there had been international statistical congresses since 1853. The institute has about 4,000 elected members from government, academia, and the private sector. The affiliated Associations have membership open to any professional statistician. The institute publishes a variety of books and journals, and holds an international conference every two years. The biennial convention was commonly known as the ISI Session; however, since 2011, it is now referred to as the ISI World Statistics Congress. The permanent office of the institute is located in the Statistics Netherlands building in Leidschenveen (The Hague), in the Netherlands. Specialized Associations ISI serves as an umbrella for seven specialized Associations: * Bernoulli Society for Mathematical Statistics and Probability (BS) *International Association for Statistical Computing (IASC) *Internatio ...
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Richard Cyert
Richard Michael Cyert (July 22, 1921 – October 7, 1998) was an American economist, statistician and organizational theorist, who served as the sixth Academic administration, President of Carnegie Mellon University in Pittsburgh, Pennsylvania, Pittsburgh, Pennsylvania, United States. He is known for his seminal 1959 work Behavioral theory of the firm, "''A behavioral theory of the firm''," co-authored with James G. March. Early life He was born in Winona, Minnesota and grew up in Minneapolis, Minnesota, Minneapolis. He received a Bachelor of Science, B.S. from the University of Minnesota in 1943, then joined the U.S. Navy. On the G.I. Bill he earned his Doctor of Philosophy, Ph.D. in economics from Columbia University following World War II. At Columbia, however, he became a specialist in statistics as well. He taught briefly at City College of New York, then took a position in Pittsburgh at Carnegie Institute of Technology in 1948 to teach statistics in accounting and auditing. ...
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